The Laws of Australia Updates April 2017

Updated by David Wright, Senior Lecturer, School of Law, University of Adelaide and current to 22 March 2017

This updated Subtitle concerns discretionary remedies granted on equitable principles. These are available where a document is shown to be void or voidable, including when they are void at law. The purpose of these remedies is to protect the public by bringing an end to the existence of ineffective documents.

Updated by Ivy Ling, Legal Editor, The Laws of Australia and current to 15 March 2017

These updated chapters concern superannuation funds and related entities, and how they are treated under Australian tax legislation – in particular the concessions that are given to them. The update covers, among other things, changed thresholds for tax concessions from 1 July 2017 under ss 291-20 and 293-20 of the Income Tax Assessment Act 1997 (Cth).

Updated by Ivy Ling, Legal Editor, The Laws of Australia and current to 15 March 2017

These updated chapters concern the law in relation to the taxation of foreign source income and foreign residents. The update includes a discussion of Chevron Australia Holdings Pty Ltd v Federal Commissioner of Taxation (No 4) [2015] FCA 1092 regarding whether certain intragroup companies were dealing at arm’s length for the purposes of the transfer pricing rules. It also discusses the new transfer pricing provisions contained in Pt 4-5 Div 815 Subdivs 815-B, 815-C and 815-D of the Income Tax Assessment Act 1997 (Cth).

May 2017 currently scheduled updates (subject to change):

Criminal Sentencing 12.10 “Consequences of Conviction”

Environment and Natural Resources 14.13 “Petroleum”

Revenue Law 31.10 “Superannuation Funds and Other Special Entities” Chs 4–6